Mortgage Calculator

Estimated Monthly Payment

$1,621/mo

Principal & Interest

$1,329

Taxes

$167

Insurance

$125

Start your approval process now to get your actual numbers.

How does the mortgage calculator help me?

Our mortgage calculator is designed to give you a clear picture of your potential monthly payments, including interest and principal. By adjusting different loan terms, down payments, and interest rates, you can see how each factor impacts your budget. This tool helps you make informed decisions by providing insight into affordability and allowing you to explore what fits best with your financial goals.

How accurate are the estimates from the mortgage calculator?

While our calculator provides close estimates, actual loan terms may vary based on lender offers, your credit score, and other factors. It’s a useful starting point, but speaking with a loan officer will give you a more personalized breakdown.

How can I lower my estimated monthly payment?

You can explore ways to adjust your monthly payment by increasing your down payment, extending the loan term, or finding a lower interest rate. These options let you see the impact on affordability over time.

What’s the difference between principal and interest in my monthly payment?

The principal is the loan amount you’re borrowing, while the interest is the cost of borrowing that money. Our calculator breaks these down so you can see how each impacts your monthly payment.

Can the calculator show me how much I could save with a larger down payment?

Yes, by increasing your down payment amount, the calculator lets you see potential savings on monthly payments and overall interest, helping you understand the long-term impact.

Are You Ready to Start Your Journey Today?

Whether you're buying, refinancing, or exploring loan options, we're here to guide you every step of the way. Let’s find the right solution for you.

Purchase a Home

Find the right loan to make your dream home a reality with personalized support and simple steps.

Refinance

Lower your payments or access your home’s equity with refinancing options tailored to you.

All loans subject to credit and property approval. Interactive calculators are self-help tools. All examples are hypothetical and are for illustrative purposes only. Rates are not guaranteed until locked, and are subject to change without notice. The information here is not legal, tax or financial planning advice; please consult an appropriate licensed professional.

TX Disclaimer: Consumers wishing to file a complaint against a banker or a residential mortgage loan originator should complete and send a complaint form to the Texas department of savings and mortgage lending, 2601 North Lamar, suite 201, Austin, Texas 78705. Complaint forms and instructions may be obtained from the department’s website at www.sml.texas.gov. A toll-free consumer hotline is available at 1-877-276-5550. The department maintains a recovery fund to make payments of certain actual out of pocket damages sustained by borrowers caused by acts of licensed residential mortgage loan originators. A written application for reimbursement from the recovery fund must be filed with and investigated by the department prior to the payment of a claim. For more information about the recovery fund, please consult the department’s website at www.sml.texas.gov.

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Mortgage calculator